Public opinion sought on revision of electricity charges
The Public Utility Commission has decided to seek public opinion regarding the revision of electricity charges. The relevant newspaper advertisement will be published today.
Accordingly, the general public will be able to forward their written opinions and suggestions from the 28th of this month to the 4th of next month. The country fulfills more than 60 percent of its national power requirements through fuel combustion. 80 percent of the total expenditure of the Ceylon Electricity Board is used to purchase fuel from the Ceylon Petroleum Corporation for power generation. Secretary to the Ministry M.M.C. Ferdinando says that therefore, the losses incurred by the CEB are increasing with the fuel price increases in the world market.
He said that as a result the Board is forced to temporarily reduce the subsidy granted for electricity bills. The Secretary said however, that this situation will prevail only for the next few months. The government has taken measures to systematically decrease the usage of petroleum products for generation of electricity from next year. He said that as a result the cost on power generation will be reduced drastically from next year to the year 2016 and the benefits will be passed on to the electricity consumers.
Ferdinando further stated that the fuel adjustment charge presently being levied on the electricity bill could be removed completely from next year.
(Source: Government News Portal)
Latest Headlines in Sri Lanka
- Imported milk powder price reduction uncertain amidst importers’ disagreement April 25, 2024
- Sri Lanka and Iran sign five agreements to boost bilateral relations April 25, 2024
- 12th International Meeting on Security Matters: High-Ranking officials convenes in Saint Petersburg April 24, 2024
- Uma Oya Development Project inaugurated April 24, 2024
- Damitha Abeyratne and husband granted bail April 24, 2024
From Mattala Airport profit let the Government to pay the Extra Bills
I storgly encourage the public to support this iniative and agree to the proposed electricity rate hike.
With Hon Pavithra Devi Wanniarachchi at the helm of the energy industry we should witness a turnaround shortly.
Pavithra Devi is a capable leader who was in the forefront leading the anti-corruption initiative to clean up up the judiciary. Pavithra lead the push to successfully de-throne Shirani Badaranayake.
Within days of taking over office, Pavithra delivered the power facility in the Northern town of Chunnakam. The power cuts are now history. Pavithra has already achieved things which former Ministers Champika Ranawaka and Karu Jayasooriya couldn’t achive for many years.
We should all give a supporting hand to this great lady star leader and help her achieve greatness and perhaps the Prime Ministership.
Now that the impeachment drama is dying down, we look forward to Pavithra’s s war against darkness. The public should consider allowing the Energy Minister to raise the tarrif by upto 50% withourt any further consultation.